Cash

Concerns rise as South Korean household debt moves closer to GDP

Customers consult with bank workers about loan products at a bank in Seoul on January 5. (Yonhap) Household debt in South Korea has reached nearly 100% of the country’s gross domestic product, raising concerns that central bank rate hikes could weigh heavily on the household sector, according to a report …

Read More »

Personal loan debt statistics during the pandemic

monthly payment obligations. Average personal loan debt per consumer Loan balances also increased in 2020, but barely. The average loan balance increased by 1.2% – $ 199 – per consumer between 2019 and 2020. You can come to this conclusion by looking at the percentage change in total debt outstanding …

Read More »

City of Campbell: New Paycheck Protection Program Loans Now Available

January 13, 2021 On January 8, the U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that the federal government’s Paycheck Protection Program (PPP) had reopened for new borrowers and some existing PPP borrowers. . New eligible couriers can apply for a first-draw PPP loan, while eligible …

Read More »

Magenta is ready to paint your portfolio green

For patients with certain blood cancers, a stem cell transplant can often be a curative treatment. However, it is also a complex process riddled with severe toxicities and high rates of relapse or failure. These problems explain at least part of why about 60% of cancer patients, a third of …

Read More »